Push Admin

The Department of Agriculture Agribusiness and Marketing Assistance Service inspects various meat products at a supermarket in Muñoz, Quezon City. 

The Department of Agriculture Agribusiness and Marketing Assistance Service, led by Undersecretary Deogracias Victor Savellano inspects various meat products at a supermarket in Muñoz, Quezon City on Tuesday, May 28, 2024. The inspection was conducted to inform the public that there is sufficient, safe, and affordable supply of meat products in the market. Maria Tan, ABS-CBN News

Article (news)

MEAT-PRICES

Benise Balaoing

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:950px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/171712937975520240528-DA-price-check-QC-6.jpg" style="width:950px" class="fr-fic fr-dib" alt="The Department of Agriculture Agribusiness and Marketing Assistance Service, led by Undersecretary Deogracias Victor Savellano inspects various meat products at a supermarket in Muñoz, Quezon City on Tuesday, May 28, 2024. The inspection was conducted to inform the public that there is sufficient, safe, and affordable supply of meat products in the market. Maria Tan, ABS-CBN News"/><span class="fr-inner" style="text-align:left"><span id="isPasted" style="color:rgb(51, 51, 51);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:pre-wrap;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">The Department of Agriculture Agribusiness and Marketing Assistance Service, led by Undersecretary Deogracias Victor Savellano inspects various meat products at a supermarket in Muñoz, Quezon City on Tuesday, May 28, 2024. The inspection was conducted to inform the public that there is sufficient, safe, and affordable supply of meat products in the market.<em> Maria Tan, ABS-CBN News</em></span><em> </em></span></span></span></div><p>MANILA -- <span id="isPasted" style="color:rgb(51, 51, 51);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:pre-wrap;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">Inflation may settle somewhere between 3.7 and 4.5 percent in May, the Bangko Sentral ng Pilipinas (BSP) said Friday. </span></p><div><span id="isPasted">The BSP said higher </span><a href="https://news.abs-cbn.com/business/2024/5/14/meralco-hikes-rates-in-may-1112" target="_blank" rel="noopener noreferrer"></a><span id="isPasted"><a href="https://news.abs-cbn.com/business/2024/5/14/meralco-hikes-rates-in-may-1112" rel="noopener noreferrer" target="_blank">electricity rates</a></span><span id="isPasted"> and vegetable prices have driven prices upward. The depreciation of the peso also has an effect on prices, as it makes imports more expensive, the BSP said.</span><a href="https://news.abs-cbn.com/business/2024/5/27/peso-depreciation-only-temporary-bsp-1512"></a></div><p>But lower rice, fish, and fruit prices, as well lower <a href="https://news.abs-cbn.com/business/2024/5/27/oil-prices-rise-as-may-ends-846">oil</a> and liquefied petroleum gas <a href="https://news.abs-cbn.com/business/2024/4/1/cooking-gas-prices-down-on-first-day-of-april-1134">(LPG)</a> prices may offset the spike in costs. </p><div><span id="isPasted" style="color:rgb(0, 0, 0);letter-spacing:normal;orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">Inflation quickened in </span><a href="https://news.abs-cbn.com/business/2024/5/7/inflation-quickens-to-3-8-percent-in-april-833"></a><span id="isPasted" style="color:rgb(0, 0, 0);letter-spacing:normal;orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none"><a href="https://news.abs-cbn.com/business/2024/5/7/inflation-quickens-to-3-8-percent-in-april-833">April</a></span><span id="isPasted" style="color:rgb(0, 0, 0);letter-spacing:normal;orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none"> to 3.8 percent as food prices continued increasing. </span></div><div><span id="isPasted"><a href="https://news.abs-cbn.com/business/2024/5/27/ph-rice-prices-seen-falling-20-pct-by-september-recto-1732" rel="noopener noreferrer" target="_blank">PH rice prices seen falling 20 pct by September: Recto</a></span></div><div><strong>RELATED STORY:</strong></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/5xfyb4ViKD0?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>Inflation may settle somewhere between 3.7 and 4.5 percent in May, the Bangko Sentral said Friday. </p>

Inflation may settle somewhere between 3.7 and 4.5 percent in May, the Bangko Sentral said Friday.

Inflation may reach between 3.7 to 4.5 pct in May: BSP

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Sudoku

Word of the Day

Lotto

Horoscope

Business

Inflation may reach between 3.7 to 4.5 pct in May: BSP

Benise Balaoing,

ABS-CBN News

Published May 31, 2024 12:46 PM PHT

Read More:

inflation

prices

presyo ng bilihin

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.